ISACO
ActiveSummary
The computed 12-month bankruptcy probability of ISACO is 8.8% (elevated). The 2024 annual accounts show negative equity (€-3k) and a net result of €-387. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its net result ranks better than 34% of 18915 sector peers (fiscal year 2024). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2023
Profitability-
Solvency-
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
8.8%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-3k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
34 d late
2022
28 d late
2021
31 d late
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-387▲ 79.8%
2023 · €-2k
2018: €-837
2019: €-692▲ +17.3% vs 2018
2020: €-224▲ +67.6% vs 2019highest value
2022: €-454
2023: €-2k▼ -321% vs 2022lowest value
2024: €-387▲ +79.8% vs 2023
2018 → 2024
Working capital
€-890▼ 104%
2021 · €-436
2018: €480highest in 5 years
2019: €-212▼ -144% vs 2018
2020: €-436▼ -106% vs 2019
2021: €-436● -0.0% vs 2020
2022: €-890▼ -104% vs 2021lowest in 5 years
2018 → 2022
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-436-€-436=€-890▼ 104%€-3k▼ 215%€-3k▼ 13.8%
2020: €-436highest in 5 years
2021: €-436● -0.0% vs 2020highest in 5 years
2022: €-890▼ -104% vs 2021
2023: €-3k▼ -215% vs 2022
2024: €-3k▼ -13.8% vs 2023lowest in 5 years
Operating result€-72-€-347€-2k▼ 451%€-387▲ 79.8%
2020: €-72highest value
2022: €-347
2023: €-2k▼ -451% vs 2022lowest value
2024: €-387▲ +79.8% vs 2023
Net result€-224-€-454€-2k▼ 321%€-387▲ 79.8%
2020: €-224highest value
2022: €-454
2023: €-2k▼ -321% vs 2022lowest value
2024: €-387▲ +79.8% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €387 in 2024 against €2k in 2023; the loss shrinks.
Key figures and ratios
Debt to equity
-1.00=
2023 · -1.00
Debt
€3k▲
2023 · €3k
Debt ≤ 1 year
€3k▲
2023 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 14 lines
Balance sheet
Code20232024
Equity and liabilities
Total equity and liabilities10/49-€0
Equity10/15€-3k€-3k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€-9k€-9k▼
Amounts payable17/49€3k€3k▲
Amounts payable within one year42/48€3k€3k▲
Other amounts payable47/48€3k€3k▲
Income statement
Code20232024
Gross operating margin9900€-2k€-387▲
Operating profit (loss)9901€-2k€-387▲
Profit (loss) for the period before taxes9903€-2k€-387▲
Profit (loss) for the period9904€-2k€-387▲
Profit (loss) for the period to be appropriated9905€-2k€-387▲
Appropriation of the result
Profit (loss) to be appropriated9906€-9k€-9k▼
Profit (loss) brought forward from the previous period14P€-7k€-9k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Gross operating margin9900 | €-72 | - | €-347 | €-2k | €-387 | ▲ 79.8% |
| Operating profit (loss)9901 | €-72 | - | €-347 | €-2k | €-387 | ▲ 79.8% |
| Financial charges65/66B | - | - | €107 | - | - | - |
| Recurring financial charges65 | €152 | - | €107 | - | - | - |
| Profit (loss) for the period before taxes9903 | €-224 | - | €-454 | €-2k | €-387 | ▲ 79.8% |
| Profit (loss) for the period9904 | €-224 | - | €-454 | €-2k | €-387 | ▲ 79.8% |
| Profit (loss) for the period to be appropriated9905 | €-224 | - | €-454 | €-2k | €-387 | ▲ 79.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6k | €6k | €36 | - | - | - |
| Current assets29/58 | €6k | €6k | €36 | - | - | - |
| Cash at bank and in hand54/58 | €6k | €6k | €36 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6k | €6k | €36 | - | €0 | - |
| Equity10/15 | €-436 | €-436 | €-890 | €-3k | €-3k | ▼ 13.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Uncalled capital101 | - | €12k | €12k | - | - | - |
| Profit (loss) carried forward14 | €-7k | €-7k | €-7k | €-9k | €-9k | ▼ 4.3% |
| Amounts payable17/49 | €6k | €6k | €926 | €3k | €3k | ▲ 13.8% |
| Amounts payable within one year42/48 | €6k | €6k | €926 | €3k | €3k | ▲ 13.8% |
| Other amounts payable47/48 | - | €6k | €926 | €3k | €3k | ▲ 13.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-224 | - | €-454 | €-2k | €-387 | ▲ 79.8% |
| Operating cash flow (approximation) | €-224 | - | €-454 | €-2k | €-387 | ▲ 79.8% |
| Change in cash | - | €35 | €-6k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 34 days late
2023
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 28 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 27 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Charleroi · 1 establishment unit since 2010
Ground area
463 m²
Building footprint
69 m²
Volume, LiDAR
971 m³
2 parcels, Wallonia · tallest building 15.3 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Boulevard Jacques Bertrand 68, 6000 Charleroi
since 20102.188.843.107
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52058B0562/00F311 | Wallonia | 338 m² | - | - |
| 52011B0240/00B081 | Wallonia | 124 m² | 1 · 69 m² | 15.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 14,009 companies in sector 56301 we hold annual accounts for 4,892. 614 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-06-2010
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
68203Renting and operating of own or leased non-residential real estate, excluding land
Scores and ratios are computed by Checked and are not a credit decision.